Accounting for Derivative Instruments

Course Highlights

Equip yourself with the skills and information to master:

The implications of the IFRS framework principles for the recording and reporting of derivatives and other financial instruments

The impact of recent and impending changes to IFRS, including the new IFRS 9 and convergence with US GAAP

The implications of the IFRS framework principles for the
recording and reporting of derivatives and other financial instruments

The pricing and risk characteristics of each of the main derivatives product groups, and how they feed through into the accounting and valuation processes

Core accounting procedures for all standard derivatives types,
ranging from the basic ‘building-block’ products such as FRAs and FX forwards, to swaps, futures and options

Processes and issues associated with the hierarchy of valuation methods, including fair value, mark-to-market, and the construction of valuation models for illiquid derivatives and their underlying components The theory and practice of hedge accounting

Presentation and disclosure of risks and risk management policies associated with derivatives activity

Course start dates:
18-20 April 2012